Instructions
Scroll down to the bottom option on the main menu, "My Madden." Hit the "X" button to select "My Madden." Move down on the second menu to the second option, "NFL Rosters." Hit the "X" button to select "NFL Rosters." Push the "X" button to select "Player Management," the first option on the third menu into the process.
Scroll through the list until you see the created player you want to move. Select the player with the "X" button. Scroll up and select the top option, "Release Player." Push the "X" button one more time to confirm your decision.
Hit the "O" button three times to return to the main menu. Scroll up and select "Game Modes," "Franchise Mode" and "New Franchise."
Select "Franchise Setup." Upload your created team to the franchise roster. Hit the "X" button when the warning message appears to confirm your decision to overwrite the save file.
Remove an existing team. Before your created team can become part of the franchise, you must choose an existing team to delete. Scroll through the list, select a team and hit the "X" button twice to confirm your decision.
Select your created team. Scroll up or down to find your team and push the "X" button.
Select "Free Agents." You will find this option listed under "Team Management."
Locate your created player. He will be among the list after you released him. Select him with the "X" button.
Adjust the "Salary," "Bonus" and "Length" of time in the contract if desired. You do not have to adjust any of these, but the better your offer to join the team, the more likely your created player will join. You can adjust these later if necessary.
Submit your salary, bonus and length contract terms. Highlight the "Submit" option at the bottom of the menu and click "X." The pop-up message will indicate whether or not your created player has accepted the terms to join your created team. If not, adjust the contract terms and submit again.